Valencia striker David Villa is no longer a Real Madrid transfer target after the club confirmed the transfer of Karim Benzema.
Villa had been a long-term Real target but with Benzema joining the club, Real no longer need Villa.
The Frenchman signed a six-year contract at the Bernabeu. Real will reportedly pay an initial £30 million for Benzema which could rise to £35m.
Kaka and Cristiano Ronaldo had already been signed by Real Madrid as their block-buster transfer policy continues unabated.
Ironically, it now seems Real's bitter rivals Barcelona are odds-on favourites to sign Villa.
Director general Jorge Valdano said: "Benzema fulfils the goal of having a striker, a goalscorer who brings a lot of presence and aggression to the forward line.
Asked whether Benzema's arrival meant Real would abandon their quest to bring in Villa, Valdano added: "Benzema and Villa both have these characteristics so the answer to your question is yes."
Raul Albiol, meanwhile, has become the latest player to be presented to the fans following his move from Valencia.
"I don't have to say that I'm very happy to be here. It comes with great pride to be welcomed like that," said the Spain international.
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